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ง 17-503. Authorized Financial Institutions

ง 17-503. Authorized financial institutions

   Except as authorized under ง 17-505 of this subtitle, a real estate broker shall deposit all trust money in a financial institution that is located in the State and whose deposits are insured by:

   (1) the Federal Deposit Insurance Corporation;

   (2) the Federal Savings and Loan Insurance Corporation;

   (3) the National Credit Union Administration;

   (4) the State of Maryland Deposit Insurance Fund Corporation; or

   (5) the Credit Union Insurance Corporation.

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Local Government
Maryland
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Larry Hogan
Larry Hogan
January 21, 2015 -
Republican
1-410-974-3400
100 State Circle, Annapolis, MD, 21401

Keywords
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